Retirement plan

EAST CENTRAL ILLINOIS PIPE TRADES 401 K PLAN

Name: EAST CENTRAL IL PIPE TRADES 401 (K) PLAN - EAST CENTRAL ILLINOIS PIPE TRADES 401 K PLAN (2017) Form 5500
Creator: EAST CENTRAL IL PIPE TRADES 401 (K) PLAN
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, EAST CENTRAL ILLINOIS PIPE TRADES 401 K PLAN, EAST CENTRAL IL PIPE TRADES 401 (K) PLAN

EAST CENTRAL IL PIPE TRADES 401 (K) PLANEIN 16-1648691Plan #003PY 2017

4600 46TH STREET - ROCK ISLAND, IL 61201309-794-1170

Prospect flagsFailed to transmit contributions

How to read this page

Total assets (EOY)

$8.4M

+19.5% from 2016

Total participants

196

+5.9% from 2016

Average account balance

$42,825

+12.8% from 2016

Annual return

17.54%

+8.10 pp from 2016

Benchmarks

See 2,201 peers

Peer group

Industry52 - Finance and Insurance

Plan typeDefined contribution

Participants100-249

Cohort2,201 peers

Snapshot2017

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

$16.03M

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$38K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

422

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$955K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$3K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+15.60%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

$233

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

1 years with F_SCH_H allocation on file

Free accounts unlock saves, downloads, and 3-year history.

Service providers

Top 3 by compensation

Provider	Service type	Compensation
PLUMBERS LOCAL UNION NO. 6903+ years Filed as: PLUMBERS & PIPEFITTERS LOCAL 25 LLC Service code 14 · EIN 47-1064332 4600 46TH AVENUE · ROCK ISLAND, IL 61201	Plan Administrator	$13,483
INVESTMENT CONSULTING GROUP3+ years Filed as: INVESTMENT CONSULTING GROUP,INC Service code 70 · EIN 42-1358707 5117 JERSEY RIDGE ROAD, SUITE 1 · DAVENPORT, IA 52807	Consulting Fees	$9,369
CALIBRE CPA GROUP PLLC3+ years Service code 10 · EIN 47-0900880 230 W MONROE STREET · CHICAGO, IL 60606	Accounting	$6,850

Plan features & details

Pension benefit codes2E2G2J

Plan features

2E
Profit-sharing
Profit-sharing plan.
2G
Total participant-directed account plan
Participants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.

Opportunity flags

1 tripped

ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).

Expense breakdown

Schedule H Part II

Admin total

$35K

$296 / participant

Investment mgmt$9K26.6%
Contract admin$14K40.9%
Other / not subdivided$11K32.6%

% of EOY assets

0.420%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: CALIBRE CPA GROUP, PLLC
Auditor EIN: 470900880
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$42,825

$89,739-52.3%

$149,721-71.4%

$62,293-31.3%

Participation rate

100.0%

85.1%+14.9pp

87.1%+12.9pp

69.5%+30.5pp

Annual return

17.54%

21.01%-3.5pp

1501.67%-1484.1pp

28.90%-11.4pp

Employer contribution / active EE

$3,233-100.0%

$5,444-100.0%

$2,042-100.0%

Participant deferral / active EE

$3,807

$4,797-20.6%

$6,568-42.0%

$3,169+20.1%

Admin fee / account holder

$180

$551-67.4%

$11,282-98.4%

$479-62.5%

Provider

Service type

Compensation

PLUMBERS LOCAL UNION NO. 6903+ years

Filed as: PLUMBERS & PIPEFITTERS LOCAL 25 LLC

Service code 14 · EIN 47-1064332

4600 46TH AVENUE · ROCK ISLAND, IL 61201

Plan Administrator

$13,483

INVESTMENT CONSULTING GROUP3+ years

Filed as: INVESTMENT CONSULTING GROUP,INC

Service code 70 · EIN 42-1358707

5117 JERSEY RIDGE ROAD, SUITE 1 · DAVENPORT, IA 52807

Consulting Fees

$9,369

CALIBRE CPA GROUP PLLC3+ years

Service code 10 · EIN 47-0900880

230 W MONROE STREET · CHICAGO, IL 60606

Accounting

$6,850

EAST CENTRAL ILLINOIS PIPE TRADES 401 K PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

EAST CENTRAL ILLINOIS PIPE TRADES 401 K PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion